When the Inflation Reduction Act was being debated and voted on in Congress, all eyes were on a handful of key Democratic politicians: Senator Joe Manchin of West Virginia, Senator Chuck Schumer of ...
The week ahead will be all about inflation. Tuesday morning will bring investors the closely-watched Consumer Price Index (CPI) for August, which will likely solidify in investors' minds whether the ...
Inflation concerns and hotter-than-expected inflation data are reducing the outlook for rate cuts by the Fed. Wages remain high, adding to inflationary pressures and potentially hurting small ...
Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...
Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...
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